Posted on 05/19/2014 8:27:38 AM PDT by PoloSec
Australias conservative coalition is set to cut more than 90 percent of the funding related to global warming from their budget, from $5.75 billion this year to $500 million, over the next four years.
Environmentalists and leftist politicians in the country protested the move by conservative Liberal Party Prime Minister Tony Abbotts governing coalition to slash funding for climate programs, arguing such funding for green energy and reducing carbon dioxide emissions were necessary to stop global warming.
But Abbotts government shot back, saying that the country needed to reduce the size of government and improve the economy.
The coalition government acknowledges the role of renewable energy in Australias energy mix, said Industry Minister Ian Macfarlane. There is over $1 billion in funding for existing renewable projects to be completed over the coming years.
Given the tight fiscal environment as a result of [liberal] Labors legacy of debt and deficit, the government considers there is a very significant investment in renewable energy, MacFarlane added.
Abbotts Liberal-National coalition won a landslide victory in Australias election last fall. One of the main promises of Abbotts coalition was to repeal the countrys carbon tax and costly environmental agenda.
The Liberal-Nationals plan to repeal the carbon tax are stuck in the Senate due to Labor and Green party members joining to block any attempt at repeal. Green and Labor party members have refused to back the carbon tax repeal until Abbott proposed an alternative plan to fight global warming.
Tony Abbott should now abandon the so-called direct action plan, which is little more than a slogan, Green leader Christine Milne said in a statement.
But Abbott shows no signs of slowing down in his quest to repeal the countrys environmental laws, which have slowed economic growth, including mining taxes, green energy funding and the carbon tax.
The carbon tax is an act of economic vandalism, Abbott said in March. You cant trust [Labor] anywhere near an economy.
The carbon tax was imposed by former Labor Prime Minister Julia Gillard in the summer of 2012, and quickly became unpopular as businesses and households began to bear the costs of higher power bills and higher inflation.
Poor policy processes tend to lead to poor policy outcomes, wrote Dr. Alex Robson, an economist at Australias University of Brisbane, in a study prepared for the Institute for Energy Research, which opposes a carbon tax. Australias carbon tax experience provides a number of important lessons in how not to go about implementing sensible climate change policy.
After just one year, the carbon tax increased taxes on 2.2 million Australians, according to Robson, and has done nothing to decrease the countrys carbon emissions, which arent predicted to fall below current levels until 2043.
Robson also found that a year after being enacted, the carbon tax caused electricity prices to rise 15 percent. The countrys unemployment rate shot up by 10 percent after the carbon tax was implemented.
The carbon tax is bad for the economy and it doesnt do any good for the environment, Abbott told The Washington Post last year. Despite a carbon tax of $37 a ton by 2020, Australias domestic emissions were going up, not down. The carbon tax was basically socialism masquerading as environmentalism, and thats why its going to get abolished.
a poke in the eye of the NWO rulers and a great example of integrity and common since.
Looks like Australia got slapped in the head by reality...That needs to happen here in America...
Green is the appropriate color for the environmentalist movement as it is a movement that only the wealthy elites can afford. The middle class and poor cannot. A reaction must happen at some point. This is a peaceful example of such a reaction.
Good for you Australia. I always suspected that global warming was a lefty financial scam and it is. The environmentalists have gotten many national governments around the world to fork over money to combat this “problem” while they lined their own pockets with this new revenue. The Aussie government has wised up and hopefully the rest of the world will follow suit. When I think of the lefty environmentalists and special interests that have made themselves wealthy peddling this nonsense it truly makes me sick.
YES!!
No, get your gun laws in order, and you just might a suitable place to live.
Now if they would just restore firearm ownership, then we’d be talkin’.
Oh no! This probably means that the University of Queensland will not have enough money to follow through on their threat to sue Brandon Shollenberger for calling them out on their phony research. In fact, they probably won’t have money to continue their phony research.
For the sordid details of their crazy antics, see:
What I would give to hear a Republican use these exact words.........
Why only 90%? Why not the whole enchilada, the whole nine yards, the whole megillah, the shebang, all 100%?
got to make it 100%
Exactly my thought when I read that.
Congrats to the Aussies!!!!
” YES!!
No, get your gun laws in order, and you just might a suitable place to live. “
And you NEED guns down under as every other animal in aussie land can kill you really easily....
I swear they are going to find out koala bears have poison in them....
Time for the Holy Hand-Grenade of Antioch.
I hear they’re little jerks anyway.
Platypus... poison spur in its hind leg...
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